Missouri could welcome 14th casino if approved by voters
A group of investors have collected signatures in favor of expanded gambling.
Investors in Missouri say they have collected enough support for building a proposed casino near Lake of the Ozarks to bring this to the ballot, according to a KY3 local news report. The group of investors claim they have collected enough signatures to let voters decide during the next election.
Four petitions were originally in circulation. However, at least 170,000 signatures were required on only one of them to make the ballot.
The Missouri Secretary of State’s office has agreed to language on a proposed ballot initiative that would give voters the option to approve amending the Missouri Constitution.
More specifically, voters could decide to approve changing the Constitution to make way for a 14th gambling boat license.
The current law on the books allows the Missouri Gaming Commission to distribute gaming 13 licenses. However, these can only go to gaming facilities that are located on the Missouri River and Mississippi River.
A yes vote later this year could change all of that for Missouri players, who could have access to a new casino if the certification is passed.
If voters approve allowing for a 14th license, the proposed $10m casino project would be located below Bagnell Dam along the Osage River. Tax revenue from wagers would be used for “education-related spending, ranging from early childhood literacy programs to teacher salaries,” the local report said.
State Representative Don Mayhew shared his thoughts on statewide gambling expansion with local news by saying, “We already have casino gambling in Missouri. It’s limited along the Missouri River and places along the Mississippi River.
“Well, what is the difference between the Osage River and the Missouri River?”
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